TLDR: DTCP has successfully closed a $450M investment fund, attracting institutional investors, pension funds, corporations, and family offices. The fund focuses on digitization, automation, and AI, with investments in companies like Cognigy.AI and Quantum Systems. DTCP’s data-driven investment strategy has led to the successful closing of the fund, targeting early growth and growth stage businesses.
DTCP, an independent investment management firm focused on digitization and automation, has announced the successful closing of its DTCP Growth Equity III Fund and an additional B2B early stage investment fund, totaling $450 million. The fundraising efforts have been notably successful, attracting a range of investors, including institutional investors, pension funds, corporations, and family offices, with Deutsche Telekom as the anchor investor.
The fund utilizes a quantitative-first methodology, employing the DTCP Flightpath software to analyze financial data of SaaS companies and provide insights to founders and CEOs. Investments have already been made in companies like Cognigy.AI, Cohere, Quantum Systems, and anecdotes, focusing on AI and automation. The fund targets approximately 15 to 20 equity investments in early growth or growth stage businesses in the range of $20 to $25 million per investment.
DTCP has a proven track record with previous growth equity funds investing in enterprise software companies across Europe, Israel, the US, and Asia. The success of the predecessor funds, GE I and GE II, has led to high multiples and returns for investors. The closing of GE III signifies DTCP’s continued commitment to investing in innovative and promising startups in the B2B SaaS industry.
